Sri Lanka and Oman review bilateral relations, seek closer cooperation

Sri Lanka and Oman had talks where bilateral relations came under review and future investment were discussed.

Tahir Salim Al Amri, Executive President of the Central Bank of Oman (CBO), received Dr. Indrajit Coomaraswami, Governor of the Central Bank of Sri Lanka (CBSL), and his accompanying delegation at CBO head quarters on Sunday, the Times of Oman reported today.

The delegation comprised a group of top officials from CBSL in addition to CEOs of Sri Lankan banks. The visiting guests were received by the Executive President of CBO, in the presence of Abdulsalam Mohammed Al Murshidi, CEO of the State General Reserve Fund (SGRF) and the Ambassador of the Democratic Socialist Republic of Sri Lanka in Oman.

The delegation which is on an official visit to Sultanate as part of a joint trade and cooperation exercise between the two friendly countries of Sri Lanka and Oman, will also meet CEOs of local banks in Oman.

In the meeting at CBO, the two sides reviewed the close bilateral relations between the two countries and also discussed ways to enhance further joint cooperation by increasing the frequency of knowledge sharing initiatives and exchange of expertise between the two countries. The officials also discussed ways of improving investment climate through banking channels which are poised to contribute in increasing trade and investment flow, bringing significant benefits to both the countries.

During the meeting, CBSL officials provided a quick overview of Sri Lanka’s macroeconomic developments, its sovereign loan market, the banking sector and the prevalent favourable investment climate in the country.

In addition to the visiting delegation accompanying the governor of CBSL, the meeting was also attended by top CBO officials.

Following the visit to CBO, the Sri Lankan delegation attended a series of meetings with a number of CEOs of local banks in Oman. (Colombo Gazette)

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